Question: Prepare a statement of cash flows using the indirect method using the table below. Please your answer in the numbered spaces (write in the appropriate

Prepare a statement of cash flows using the indirect method using the table below. Please your answer in the numbered spaces (write in the appropriate name/description of each item and the corresponding dollar value for each item). DATA BELOW

Prepare a statement of cash flows using the indirect method using the

table below. Please your answer in the numbered spaces (write in the

Chapter 16: Cash Flow Statement Homework Assignment The comparative partial balance sheets of Barry Company, for Years 1 and 2 ended December 31, appear below in condensed form. Year 2 $72,000 61,000 121,000 Year 1 $42,500 70,200 105,000 100,000 425,000 Assets Cash Accounts Receivable (net) Inventories Investments Equipment 575,000 ccounts Payable Bond Payable Common Stock, S30 par $ 59,750 $ 47,250 75,000 325,000 400,000 Additional data for the current year are as follows (a)Net income, $75,800 (b)Depreciation reported on income statement, $38,000 uipment was purchased for $150,000 Bond Payable for $75,000 were paid off by cash payment at their face amount 2,500 shares of common stock were issued for $30 cash. (e (g) Investments of S100,000 were sold for $125,000 (That means gain of S25,000) P.S: The above comparative balance sheets were adjusted for the purpose of this assignment and they are ash dividends declared and paid, $40,000 not complete-thorough balance sheets Required: Prepare a statement of cash flows using the indirect method using the table below. Please your answer in the numbered spaces (write in the appropriate name/description of each item and the corresponding dollar value for each item) The first two are given as exampels

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